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The Treasury Department and the Federal Reserve made plans to spend around $1 trillion to provide low-cost loans and guarantees to hedge funds and private equity firms that buy securities backed by consumer and business loans.
General Motors and electronics firm Powermat has recently reveal their partnership to develop wireless charging technology for personal devices to be used in GM vehicles
AIM Mobile Inspections, an evaluator of new and used vehicles, said that the incidence of odometer rollback for the purpose of misrepresenting the mileage of off-lease used vehicles had increased by 30 percent since the beginning of this year.
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